On October 14, Geely Holding Group released a statement expressing its approval of the outcomes from the second regular session of the China-EU trade and investment consultation mechanism. The company lauded the efforts of both parties in effectively resolving automotive trade disputes through in-depth discussions. Geely endorses the three core principles—factual basis, non-discrimination, and regulatory compliance—in the context of hybrid vehicle trade. The company believes that adherence to these principles will foster favorable conditions for collaboration between the Chinese and European automotive industries, stabilize market expectations, and bolster business confidence. Geely eagerly anticipates the practical implementation of this consensus.
Moving forward, Geely is committed to maintaining open cooperation, serving consumers through continuous technological innovation, and expanding its collaborative efforts with European industry counterparts. Together, they aim to safeguard the stability of the industrial supply chain and drive forward the green transformation of the automotive sector.
